Tata Motors Passenger Vehicles (TMPV) and Tata Passenger Electric Mobility (TPEM), subsidiaries of Tata Motors, have signed MoU with Bajaj Finance, a division of Bajaj Finserv Limited, to enhance financing options and ease for dealers.

Through this partnership, finance solutions with minimal collateral will be made available to dealers of EVs.

Through this MoU, the participating companies collaborate to utilise Bajaj Finance’s extensive network, enabling TMPV and TPEM dealers to obtain funding with minimal collateral.